NOT LISTED FOR SALE

1125 26th Ave Fairbanks, AK 99701

Estimated Value: $298,445 - $318,000

4 Beds
2 Baths
1,536 Sq Ft
$201/Sq Ft Est. Value

Last Sold September 23, 2021

Current estimated payment $1,926/month

3 Days on Market

Highlights

  • Lawn
  • Thermal Windows
  • Heated Garage
  • 2 Car Detached Garage
  • Fenced

About This Home

As of September 2021

Here is an opportunity to live in one unit and let your tenant pay your mortgage. Or maybe you're just looking for a rental income opportunity. This duples has been a well maintained property and has great rental history. Each unit consists of two bedrooms and one bath. Updates have been done between tenats and the roof was replaced in 2018. The huge yard is fenced in and has a storage shed. The garage can be shared or used by the ower. The downstairs unit is currently on a lease. The upstairs unit is now month to month so a buyer can owner occupy if they would like.

Last Agent to Sell the Property

Kristina Dela Sierra

EMPIRE REALTY, LLC License #RECS18951 Listed on: 07/16/2021

Last Buyer's Agent

Shelley Munoz

SUMMIT REALTY GROUP License #RECS18905

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,743

Year Built

  • Built in 1985

Lot Details

  • 7,259 Sq Ft Lot
  • Fenced
  • Lawn

Home Design

  • Duplex
  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Fire and Smoke Detector
  • Laundry in Garage
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Door Opener

Schools

  • Anne Wien Elementary School
  • Ryan Middle School
  • Lathrop High School

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Oil
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 0415375

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,743

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: DUPLEX
  • Style: 2 Story
  • Access: Paved, Maintained
  • Age: 31 + yrs
  • Estimated Sq Ft: 1536
  • Fire Service: Public
  • Price Per Sq Ft: 156.18
  • Year Built: 1985
  • Subd Township Range: Bjerremark
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances Equipment: Range/Oven, Dishwasher, Refrigerator, Garage Door Opener
  • Interior Amenities: Smoke Detectors
  • Windows: Thermal Pane
  • Number Of Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Finished
  • Laundry: Garage

Exterior Features

  • Construction: 2x6
  • Exterior Features: Fence, Cable TV, Lawn, Telephone Service
  • Exterior Finish: Vinyl
  • Foundation: Poured Concrete
  • Roof: Shingle

Garage/Parking

  • Garage Type: Detached/HTD
  • Garage Capacity: 2
  • Estimated Garage Sq Ft: 480

Utilities

  • Heating: Hot Water Baseboard
  • Sewer: Public
  • Water: Public

Schools

  • Elementary School: Anne Wien
  • Middle School: Ryan
  • High School: Lathrop

Lot Info

  • Estimated Lot Sq Ft: 7259
  • Assessments: Unknown
  • Geo Subdivision: AK
  • Lot Tax Lot: 2
  • Mill Rate: 19.5600
  • Number Of Acres: 0.17
  • Zoning: Multiple-Family Residential District
  • Zoning Overlay: unknown

Tax Info

  • Taxes: 2743.44
  • Assessor Parcel Number: 0415375

Multi Family

  • Total Units: 2

MLS Schools

  • Elementary School: Anne Wien
  • Senior High School: Lathrop
  • Middle School: Ryan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Sep 24, 2021
Sold by
Phillips Brannon W
Bought by
Schumacher Joshua T
Seller's Agent
Kristina Dela Sierra
EMPIRE REALTY, LLC
Buyer's Agent
Shelley Munoz
SUMMIT REALTY GROUP
List Price
$239,900
Current Estimated Value
$308,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$227,905
Outstanding Balance
$207,377
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$100,846

Purchase Details

Listed on
Mar 28, 2019
Closed on
Jun 26, 2019
Sold by
May Richard Lee and May Heidi Anna
Bought by
Phillips Brannon W
Seller's Agent
JIMMY DIXON
EXP REALTY, LLC
Buyer's Agent
Kristina Dela Sierra
EMPIRE REALTY, LLC
List Price
$198,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$194,904
Interest Rate
4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2012
Sold by
The Richard & Heidi May Trust
Bought by
May Richard Lee and May Heidi Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
4.05%

Purchase Details

Closed on
Apr 24, 2009
Sold by
May Richard Lee and May Heidi Anna
Bought by
The Richard & Heidi May Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.99%

Purchase Details

Closed on
Dec 11, 2007
Sold by
May Richard Lee and May Heidi Anna
Bought by
May Richard Lee and May Heidi Anna

Purchase Details

Closed on
May 23, 2001
Sold by
Spears Duane R and Spears Jamie
Bought by
May Richard Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,195
Interest Rate
7.06%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schumacher Joshua T -- None Available
Phillips Brannon W -- None Available
May Richard Lee -- None Available
The Richard & Heidi May Trust -- Accommodation
The Richard & Heidi May Trust -- Accommodation
May Richard Lee -- None Available
May Richard Lee -- None Available
May Richard Lee -- Yukon Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schumacher Joshua T $227,905
Previous Owner Phillips Brannon W $194,904
Previous Owner May Richard Lee $153,750
Previous Owner May Richard Lee $70,000
Previous Owner May Richard Lee $101,195
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2021 09/23/21 Sold -- -- --
07/19/2021 07/19/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $239,900 +20.9% $156 / Sq Ft
06/27/2019 06/27/19 Sold -- -- -- View Prior Sale
05/14/2019 05/14/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $198,500 -- $129 / Sq Ft
Source: Greater Fairbanks Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,563 $216,576 $11,723 $204,853
2024 $3,973 $240,621 $11,723 $228,898
2023 $3,989 $240,009 $11,723 $228,286
2022 $3,704 $205,258 $11,723 $193,535
2021 $2,743 $181,422 $11,723 $169,699
2020 $3,474 $177,451 $11,723 $165,728
2019 $3,321 $168,025 $11,723 $156,302
2018 $3,395 $171,201 $11,723 $159,478
2017 $2,836 $159,470 $11,723 $147,747
2016 $2,627 $153,901 $11,723 $142,178
2015 $2,732 $151,384 $11,723 $139,661
2014 $2,732 $149,455 $11,723 $137,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Fairbanks Board of REALTORS®

MLS Number: 147761

Greater Fairbanks Board of REALTORS®

APN: 415375